MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-14-0007381
Varchas Textiles Private Limited
Varchas Textiles Private Limited - home & lifestyle in Panipat, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.47 Lakh
▼ 91% YoY
Net loss · FY 2024
₹40.97 Lakh
Latest filing
EBITDA · FY 2024
-₹9.93 Lakh
EBITDA margin -153.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.78 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Varchas Textiles Private Limited
Data last updated:
Varchas Textiles Private Limited is a private limited company based in Panipat, Haryana, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51494HR2008PTC038273. Its GSTIN is 06AACCV8635K1ZX (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishal Nagpal and Anuj Malik.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 14 Industrial Area, Panipat, Haryana, India – 132103.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.47 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹40.97 Lakh and EBITDA of -₹9.93 Lakh (EBITDA margin -153.5%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹1.78 Cr on record.
Varchas Textiles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-14-0007381). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51494HR2008PTC038273
Registration Number 038273
Incorporation Date 18 August 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-14-0007381
Key People
Vishal Nagpal Director Anuj Malik Director Recognitions & Rankings of Varchas Textiles
Contact details
Varchas Textiles Private Limited's registered office is in Panipat, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 14 Industrial Area, Panipat, Haryana, India – 132103
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Varchas Textiles Private Limited, buy the company report.
Comprehensive company report
Varchas Textiles Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Varchas Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Varchas Textiles Private Limited, buy the company report.
Financials of Varchas Textiles Private Limited
FY 2024 filings availableVarchas Textiles Private Limited reported revenue of ₹6.47 Lakh (down 91% YoY) for FY 2024.
Revenue · FY 2024
₹6.47 Lakh ▼ 91%
Net loss · FY 2024
₹40.97 Lakh
EBITDA · FY 2024
-₹9.93 Lakh margin -153.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 75%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 32%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 91% fall in the latest year. EBITDA rose 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.93 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹40.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -153.5% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Varchas Textiles Private Limited, buy the company report.
Board of directors of Varchas Textiles Private Limited
Varchas Textiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Nagpal | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Anuj Malik Also directs: Skysnatch Drones LLP | Director | 18 Aug 2008 | 18 Years 2 Months | Current |
Auditor
Varchas Textiles Private Limited is audited by BALRAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALRAM & ASSOCIATES | FY 2023 | 009579N |
Shareholding
The shareholding of Varchas Textiles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varchas Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.78 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2021 | 100451456 | Canara Bank | ₹28 Lakh | Open | |
| 30 Jun 2018 | 100203557 | Canara Bank | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Varchas Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varchas Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varchas Textiles has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCV8635K1ZX | Haryana | Active | 01 Jul 2017 |
| 07AACCB8635K1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varchas Textiles Private Limited, buy the company report.
Recent activity
Varchas Textiles Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Brij Lal Malik ceased to be Director on 30 Mar 2022.
AGM
Varchas Textiles Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Varchas Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Brij Lal Malik ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 28.00 Lakh with Charge ID 100451456 was registered on 21 Jun 2021.
Appointed
Vishal Nagpal was appointed as Director.
Ceased
Amit Malik ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 150.00 Lakh with Charge ID 100203557 was registered on 30 Jun 2018.
Appointed
Anuj Malik was appointed as Director.
Incorporation
18 Aug 2008
Varchas Textiles Private Limited was registered on 18 Aug 2008 with Roc Delhi & aged 18 years 2 months as per MCA records.
Frequently asked questions
Varchas Textiles is an active private limited company based in Panipat, Haryana, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 August 2008 (18+ years old) and is registered under CIN U51494HR2008PTC038273.
Varchas Textiles has 2 current directors:
- Vishal Nagpal - Director
- Anuj Malik - Director
The latest financial statements of Varchas Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Varchas Textiles is 06AACCV8635K1ZX, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AACCB8635K1ZF (Delhi).
The CIN (Corporate Identification Number) of Varchas Textiles is U51494HR2008PTC038273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varchas Textiles was incorporated on 18 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Brij Lal Malik ceased to be Director on 30 Mar 2022. Vishal Nagpal was appointed as Director on 21 Jun 2019. Amit Malik ceased to be Director on 28 Mar 2019. Varchas Textiles has 4 board changes on record in total.
Yes, Varchas Textiles is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-14-0007381).
The registered office of Varchas Textiles is at E – 14 Industrial Area, Panipat, Haryana, India – 132103.
Varchas Textiles operates in the home and lifestyle industry, in the textile retail and distribution segment.